COSCO SHIPPING Development
601866.SS
#3052
Rank
ยฃ3.24 B
Marketcap
ยฃ0.29
Share price
-0.38%
Change (1 day)
11.81%
Change (1 year)

Operating Margin for COSCO SHIPPING Development (601866.SS)

Operating Margin as of November 2024 (TTM): 6.01%

According to COSCO SHIPPING Development's latest financial reports and stock price the company's current Operating Margin is 6.01%. At the end of 2022 the company had an Operating Margin of 28.49%.

Operating Margin history for COSCO SHIPPING Development from 2008 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202228.49%10.53%
202125.78%12.51%
202022.91%-39.35%
201937.78%23.7%
201830.54%10.38%
201727.67%91.42%
201614.45%651.2%
20151.92%-67.3%
20145.88%-202.36%
2013-5.75%-374.17%
20122.10%-124.32%
2011-8.62%-166.19%
201013.02%-141.92%
2009-31.07%-2376.21%
20081.37%-87.77%
200711.16%140.54%
20064.64%-73.08%
200517.24%-32.28%
200425.46%138.23%
200310.69%

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.